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The chrome ore participants are optimistic about the market after Chinese New Year holiday

Time:Fri, 20 Jan 2023 16:19:05 +0800

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The chrome ore market has maintained a stable operation in China. The price of South Africa 40-42% chrome concentrate is 280-285 dollars/ton. In Turkey, the price of 46-48% chrome concentrate is 350-355 dollars/ton. 

At present, some large ships' delivery in South Africa are delayed, and the inland logistics is not smooth, and the chrome ore to the port is also affected to some extent. The arrival volume of chrome ore is relatively small in China as the Chinese New Year holiday is coming, and the current domestic port inventory remains low. Traders are mostly bullish, while foreign investors are more likely to keep their prices. They are optimistic about the market after Chinese New Year holiday.

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